Mixed Economy

MIXED ECONOMY

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A mixed economy is a system of that combines the characteristics of market, command, and traditional economies. 
  A mixed economy is partly controlled by the government and also based on supply and demand. People are allowed to own private businesses and the government still functions but has slight regulations on companies. They regulate them by making the businesses pay taxes. Image result for company paying taxes



  Government regulates some of the goods and services produced such as schools and national parks because other wise people will have no incentive to produce those things. Also based on what the consumer likes can contribute to what goods and services are produced. Image result for cartoon school   Good and services are produced by a mix between the government and the private companies. A pro of a mixed economy is that there is an equal distribution of power between private companies and the government. But a con is that sometimes the government takes more control than they need to and you can't do anything to make them stop. Image result for government and private companies

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